Gore Street Energy Storage Fund (LON:GSF) Given Sector Perform Rating at Royal Bank of Canada

Royal Bank of Canada reiterated their sector perform rating on shares of Gore Street Energy Storage Fund (LON:GSF) in a research note published on Thursday morning, MarketBeat reports. Royal Bank of Canada currently has a GBX 85 ($1.08) target price on the stock.

Separately, Shore Capital reiterated a house stock rating on shares of Gore Street Energy Storage Fund in a report on Monday, March 25th.

Gore Street Energy Storage Fund Trading Up 1.8 %

Shares of LON:GSF opened at GBX 62.90 ($0.80) on Thursday. The stock’s 50-day moving average price is GBX 66.13 and its 200-day moving average price is GBX 73.80. Gore Street Energy Storage Fund has a 12-month low of GBX 60 ($0.76) and a 12-month high of GBX 104.60 ($1.32). The stock has a market capitalization of £311.61 million, a P/E ratio of 686.67 and a beta of 0.36.

Gore Street Energy Storage Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, April 12th. Stockholders of record on Thursday, March 21st will be issued a dividend of GBX 2 ($0.03) per share. The ex-dividend date of this dividend is Thursday, March 21st. This represents a dividend yield of 2.99%. Gore Street Energy Storage Fund’s dividend payout ratio is currently 8,888.89%.

Insiders Place Their Bets

In related news, insider Lisa Scenna acquired 35,000 shares of the stock in a transaction on Thursday, March 28th. The stock was acquired at an average cost of GBX 63 ($0.80) per share, for a total transaction of £22,050 ($27,907.86). 6.41% of the stock is currently owned by company insiders.

Gore Street Energy Storage Fund Company Profile

Gore Street Energy Storage Fund Plc is an infrastructure investment fund.